The corporate recipe that leaves a bad taste

Rise to the top of your industry and leave everyone crumbs with Monopoly Pie

Ingredients

• Prospective customers you can’t currently attract
• Insufficient or nonexistent capabilities
• A workforce with few options and little power
• Governments that offer low taxes
• Unprincipled politicians
• Good lawyers
• Superior public relations

Directions

• Merge to obtain more customers or capabilities you lack.
• Shed labor costs by automating and sending jobs where they cost less
• Cut labor power by preventing unions or paying to change labor laws.
• Use jargon to soften the displacement: “Growth through efficiency and effectiveness.” “Managing costs down.” “Harnessing labor.”
• Relocate HQ to where taxes are low.
• Leave other operations where taxes are high, and make sure they don’t make too much money by charging yourself for services they provide to you.
• Pay ex-politicians to convince current politicians to change the law in your favor.
• Keep innovators out, or in court, by arguing that your patents do much more than they actually do.
• Charge less to drive out competition. Raise prices when they bow out.
• Automate customer service and reduce personal attention when consumers have nowhere else to go.
• Release your waste and byproducts anywhere on the planet and call it good for jobs.

Serves

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Less competition, especially from innovators
Pay people only what you must to prevent revolt.
Unhappy airline, cellphone, health insurance, and utility customers.
The rich can afford the best food, education, transportation, healthcare and housing.
The majority suffers as salaries stay flat and government funds for social programs disappear.